State-owned Abu Dhabi Investment Company (ADIC) said on Friday it is buying a stake in a Russian resort being built for the 2014 Winter Olympics in the Black Sea resort of Sochi.
ADIC joins Russia's largest bank Sberbank Rossii which has a

Abu Dhabi Investment Company (Adic) and UBS Global Asset Management have announced the first closing of a jointly managed fund to tap major infrastructure development in the Mena region, with commitments of up to $250 million.
The fund is

Abu Dhabi Investment Company (Adic) is planning to launch a global real estate fund, along with four other funds, to invest in firms whose valuation has been affected by the global financial crisis, its head of private equity said.
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Abu Dhabi Investment Company (Adic) is planning to launch a global real estate fund, along with four other funds, to invest in firms whose valuation has been affected by the global financial crisis, its head of private equity said.
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State-run Abu Dhabi Investment Company (ADIC) said on Tuesday it expects buyout opportunities to begin emerging in the Middle East and North Africa as valuations are hit by the global financial crisis.
The investment firm, owned by Abu Dha

Menatelecom, a leading telecommunications provider based in Bahrain, launched its new broadband and laptop offer for students.
School and university students can now sign up for a new Mena Telecom WiMAX broadband package and come away with

The Abu Dhabi Investment Company (Adic) has launched a hiring and training drive, aimed at placing talented Emirati graduates in each of its departments.
Recent hires have joined the company’s strategy, risk & compliance, and infrastru

Abu Dhabi Investment Company (Adic), the leading investment company in Abu Dhabi, with interests throughout the Middle East and North Africa, has announced the appointment of Sian Warlow as head of training and development.
This appointmen

Renault is set to launch its new lifestyle Sedan which has been tailored specifically for the Middle East market.
The new model boasts of a V6 engine and a host of comforts and refinements also promises ‘stress-free space’, said a company